NEVER FEAR…
The market isn’t slowing down, there is just NOTHING to buy! We have not had inventory this low since late 1999 and early 2000. It truly is amazing.
I noticed a couple of the sales were West Wash Park bungalows that I remember selling in 2007 right before the downturn. Both sold for about 20% more than they did at that time, not bad. Hopefully, as homeowners realize they have equity in the homes they bought over the last few years, they will decide to sell and take advantage of the low rates in order to move up.
As always, if you are thinking of making a move or know someone else who is, let me know. I would love to be the one to help with our low inventory situation.
September 2012 Wash Park Market Report





